Special-Interest Groups Result from People with Strong Preferences on a Particular

question 193

True/False

Special-interest groups result from people with strong preferences on a particular issue banding together to let
policymakers know their preferences and could thereby lead to efficient outcomes.

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Definitions:

Consumer Confidence

A measure of how optimistic or pessimistic consumers are about their financial situation and the overall state of the economy.

Social Stratification

A system by which a society ranks categories of people in a hierarchy, based on factors like wealth, income, race, education, and power.

Social Class

A division of a society based on social and economic status.

Social Strata

Layers within a society, formed based on various criteria such as wealth, occupation, and education, which define a person's social standing or class.